An AI manufacturer was among the winners of the third annual Governor of Victoria Startup Awards, announced on a night that celebrated excellence in the state’s $103 billion startup sector.
Minister for Economic Growth Tim Pallas announced the awards alongside the awards’ patron, her excellency professor, the hon Margaret Gardner AC.
“These awards celebrate the brilliant entrepreneurs, leaders and investors across our startup ecosystem, who are creating jobs, boosting the economy and contributing to Victoria’s reputation as an innovation powerhouse,” said Pallas.
Scaleup of the Year was awarded to Acusensus, after raising $20 million through its IPO and ASX listing last year.
The company builds AI into road safety cameras to detect distracted drivers and has expanded operations to include a USA manufacturing facility in Las Vegas and an outpost in the United Kingdom.
HEX CEO and co-founder Jeanette Cheah was named Ecosystem Hero of the Year for her global advocacy work for Victorian startups.
The coveted prize for Startup of the Year was won by Digital Agriculture Services (DAS) for its satellite-mapping technology that can predict bushfire and disaster risk on rural properties from space.
Victoria is home to more than 3,500 startups, scaleups and unicorns which employ an estimated 56,000 people globally, including around 26,000 in Victoria.
The Victorian Budget 2024/25 provided $40 million over four years for LaunchVic to continue supporting founders and startups.
For the list of winners and more about the awards, visit launchvic.org/governor-of-victoria-startup-awards.
.jpg)
